► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />Oil’s collapse below $50 a barrel has hit Royal Dutch Shell’s earnings, driving it to cut capital investment by 14 per cent over three years. Lex’s Robert Armstrong and Alan Livsey discuss whether this is enough.<br /><br />► Lex: http://bit.ly/1I14JZF<br /><br />► FT Business: http://bit.ly/1KUK08s<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes